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Global Heavy Crude Oils Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Heavy Crude Oils Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Sulfur Content Above 1%
    • 1.3.3 Sulfur Content Below 1%
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Heavy Crude Oils Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Petroleum refining
    • 1.4.3 Chemical Industry
    • 1.4.4 Energy Production
    • 1.4.5 Transportation
    • 1.4.6 Others
  • 1.5 Global Heavy Crude Oils Market Size & Forecast
    • 1.5.1 Global Heavy Crude Oils Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global Heavy Crude Oils Sales Quantity (2019-2030)
    • 1.5.3 Global Heavy Crude Oils Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 Saudi Aramco
    • 2.1.1 Saudi Aramco Details
    • 2.1.2 Saudi Aramco Major Business
    • 2.1.3 Saudi Aramco Heavy Crude Oils Product and Services
    • 2.1.4 Saudi Aramco Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Saudi Aramco Recent Developments/Updates
  • 2.2 National Iranian Oil Company
    • 2.2.1 National Iranian Oil Company Details
    • 2.2.2 National Iranian Oil Company Major Business
    • 2.2.3 National Iranian Oil Company Heavy Crude Oils Product and Services
    • 2.2.4 National Iranian Oil Company Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 National Iranian Oil Company Recent Developments/Updates
  • 2.3 ExxonMobil
    • 2.3.1 ExxonMobil Details
    • 2.3.2 ExxonMobil Major Business
    • 2.3.3 ExxonMobil Heavy Crude Oils Product and Services
    • 2.3.4 ExxonMobil Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 ExxonMobil Recent Developments/Updates
  • 2.4 Chevron Corporation
    • 2.4.1 Chevron Corporation Details
    • 2.4.2 Chevron Corporation Major Business
    • 2.4.3 Chevron Corporation Heavy Crude Oils Product and Services
    • 2.4.4 Chevron Corporation Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Chevron Corporation Recent Developments/Updates
  • 2.5 CNPC
    • 2.5.1 CNPC Details
    • 2.5.2 CNPC Major Business
    • 2.5.3 CNPC Heavy Crude Oils Product and Services
    • 2.5.4 CNPC Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 CNPC Recent Developments/Updates
  • 2.6 Sinopec Group
    • 2.6.1 Sinopec Group Details
    • 2.6.2 Sinopec Group Major Business
    • 2.6.3 Sinopec Group Heavy Crude Oils Product and Services
    • 2.6.4 Sinopec Group Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 Sinopec Group Recent Developments/Updates
  • 2.7 CNOOC
    • 2.7.1 CNOOC Details
    • 2.7.2 CNOOC Major Business
    • 2.7.3 CNOOC Heavy Crude Oils Product and Services
    • 2.7.4 CNOOC Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 CNOOC Recent Developments/Updates
  • 2.8 Sinochem Holdings
    • 2.8.1 Sinochem Holdings Details
    • 2.8.2 Sinochem Holdings Major Business
    • 2.8.3 Sinochem Holdings Heavy Crude Oils Product and Services
    • 2.8.4 Sinochem Holdings Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Sinochem Holdings Recent Developments/Updates
  • 2.9 CEFC
    • 2.9.1 CEFC Details
    • 2.9.2 CEFC Major Business
    • 2.9.3 CEFC Heavy Crude Oils Product and Services
    • 2.9.4 CEFC Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 CEFC Recent Developments/Updates
  • 2.10 Yanchang Petroleum
    • 2.10.1 Yanchang Petroleum Details
    • 2.10.2 Yanchang Petroleum Major Business
    • 2.10.3 Yanchang Petroleum Heavy Crude Oils Product and Services
    • 2.10.4 Yanchang Petroleum Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Yanchang Petroleum Recent Developments/Updates
  • 2.11 Canadian Natural Resources Limited
    • 2.11.1 Canadian Natural Resources Limited Details
    • 2.11.2 Canadian Natural Resources Limited Major Business
    • 2.11.3 Canadian Natural Resources Limited Heavy Crude Oils Product and Services
    • 2.11.4 Canadian Natural Resources Limited Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Canadian Natural Resources Limited Recent Developments/Updates
  • 2.12 Iraq National Oil Company
    • 2.12.1 Iraq National Oil Company Details
    • 2.12.2 Iraq National Oil Company Major Business
    • 2.12.3 Iraq National Oil Company Heavy Crude Oils Product and Services
    • 2.12.4 Iraq National Oil Company Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 Iraq National Oil Company Recent Developments/Updates
  • 2.13 Abu Dhabi National Oil Company
    • 2.13.1 Abu Dhabi National Oil Company Details
    • 2.13.2 Abu Dhabi National Oil Company Major Business
    • 2.13.3 Abu Dhabi National Oil Company Heavy Crude Oils Product and Services
    • 2.13.4 Abu Dhabi National Oil Company Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 Abu Dhabi National Oil Company Recent Developments/Updates
  • 2.14 ConocoPhillips
    • 2.14.1 ConocoPhillips Details
    • 2.14.2 ConocoPhillips Major Business
    • 2.14.3 ConocoPhillips Heavy Crude Oils Product and Services
    • 2.14.4 ConocoPhillips Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.14.5 ConocoPhillips Recent Developments/Updates
  • 2.15 BP
    • 2.15.1 BP Details
    • 2.15.2 BP Major Business
    • 2.15.3 BP Heavy Crude Oils Product and Services
    • 2.15.4 BP Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.15.5 BP Recent Developments/Updates
  • 2.16 Suncor Energy
    • 2.16.1 Suncor Energy Details
    • 2.16.2 Suncor Energy Major Business
    • 2.16.3 Suncor Energy Heavy Crude Oils Product and Services
    • 2.16.4 Suncor Energy Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.16.5 Suncor Energy Recent Developments/Updates
  • 2.17 Kuwait Petroleum Corporation
    • 2.17.1 Kuwait Petroleum Corporation Details
    • 2.17.2 Kuwait Petroleum Corporation Major Business
    • 2.17.3 Kuwait Petroleum Corporation Heavy Crude Oils Product and Services
    • 2.17.4 Kuwait Petroleum Corporation Heavy Crude Oils Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.17.5 Kuwait Petroleum Corporation Recent Developments/Updates

3 Competitive Environment: Heavy Crude Oils by Manufacturer

  • 3.1 Global Heavy Crude Oils Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global Heavy Crude Oils Revenue by Manufacturer (2019-2024)
  • 3.3 Global Heavy Crude Oils Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of Heavy Crude Oils by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 Heavy Crude Oils Manufacturer Market Share in 2023
    • 3.4.3 Top 6 Heavy Crude Oils Manufacturer Market Share in 2023
  • 3.5 Heavy Crude Oils Market: Overall Company Footprint Analysis
    • 3.5.1 Heavy Crude Oils Market: Region Footprint
    • 3.5.2 Heavy Crude Oils Market: Company Product Type Footprint
    • 3.5.3 Heavy Crude Oils Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Heavy Crude Oils Market Size by Region
    • 4.1.1 Global Heavy Crude Oils Sales Quantity by Region (2019-2030)
    • 4.1.2 Global Heavy Crude Oils Consumption Value by Region (2019-2030)
    • 4.1.3 Global Heavy Crude Oils Average Price by Region (2019-2030)
  • 4.2 North America Heavy Crude Oils Consumption Value (2019-2030)
  • 4.3 Europe Heavy Crude Oils Consumption Value (2019-2030)
  • 4.4 Asia-Pacific Heavy Crude Oils Consumption Value (2019-2030)
  • 4.5 South America Heavy Crude Oils Consumption Value (2019-2030)
  • 4.6 Middle East & Africa Heavy Crude Oils Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global Heavy Crude Oils Sales Quantity by Type (2019-2030)
  • 5.2 Global Heavy Crude Oils Consumption Value by Type (2019-2030)
  • 5.3 Global Heavy Crude Oils Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global Heavy Crude Oils Sales Quantity by Application (2019-2030)
  • 6.2 Global Heavy Crude Oils Consumption Value by Application (2019-2030)
  • 6.3 Global Heavy Crude Oils Average Price by Application (2019-2030)

7 North America

  • 7.1 North America Heavy Crude Oils Sales Quantity by Type (2019-2030)
  • 7.2 North America Heavy Crude Oils Sales Quantity by Application (2019-2030)
  • 7.3 North America Heavy Crude Oils Market Size by Country
    • 7.3.1 North America Heavy Crude Oils Sales Quantity by Country (2019-2030)
    • 7.3.2 North America Heavy Crude Oils Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe Heavy Crude Oils Sales Quantity by Type (2019-2030)
  • 8.2 Europe Heavy Crude Oils Sales Quantity by Application (2019-2030)
  • 8.3 Europe Heavy Crude Oils Market Size by Country
    • 8.3.1 Europe Heavy Crude Oils Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe Heavy Crude Oils Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific Heavy Crude Oils Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific Heavy Crude Oils Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific Heavy Crude Oils Market Size by Region
    • 9.3.1 Asia-Pacific Heavy Crude Oils Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific Heavy Crude Oils Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 South Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America Heavy Crude Oils Sales Quantity by Type (2019-2030)
  • 10.2 South America Heavy Crude Oils Sales Quantity by Application (2019-2030)
  • 10.3 South America Heavy Crude Oils Market Size by Country
    • 10.3.1 South America Heavy Crude Oils Sales Quantity by Country (2019-2030)
    • 10.3.2 South America Heavy Crude Oils Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa Heavy Crude Oils Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa Heavy Crude Oils Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa Heavy Crude Oils Market Size by Country
    • 11.3.1 Middle East & Africa Heavy Crude Oils Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa Heavy Crude Oils Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 Heavy Crude Oils Market Drivers
  • 12.2 Heavy Crude Oils Market Restraints
  • 12.3 Heavy Crude Oils Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Heavy Crude Oils and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Heavy Crude Oils
  • 13.3 Heavy Crude Oils Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Heavy Crude Oils Typical Distributors
  • 14.3 Heavy Crude Oils Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Heavy crude oil is highly viscous oil that cannot easily flow from production wells under normal reservoir conditions. It is referred to as "heavy" because its density or specific gravity is higher than that of light crude oil. Heavy crude oil has been defined as any liquid petroleum with an API gravity less than 20°.
    According to our (Global Info Research) latest study, the global Heavy Crude Oils market size was valued at US$ million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of %during review period.
    This report is a detailed and comprehensive analysis for global Heavy Crude Oils market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
    Key Features:
    Global Heavy Crude Oils market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030
    Global Heavy Crude Oils market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030
    Global Heavy Crude Oils market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2019-2030
    Global Heavy Crude Oils market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2019-2024
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Heavy Crude Oils
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Heavy Crude Oils market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Saudi Aramco, National Iranian Oil Company, ExxonMobil, Chevron Corporation, CNPC, Sinopec Group, CNOOC, Sinochem Holdings, CEFC, Yanchang Petroleum, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Heavy Crude Oils market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Sulfur Content Above 1%
    Sulfur Content Below 1%
    Market segment by Application
    Petroleum refining
    Chemical Industry
    Energy Production
    Transportation
    Others
    Major players covered
    Saudi Aramco
    National Iranian Oil Company
    ExxonMobil
    Chevron Corporation
    CNPC
    Sinopec Group
    CNOOC
    Sinochem Holdings
    CEFC
    Yanchang Petroleum
    Canadian Natural Resources Limited
    Iraq National Oil Company
    Abu Dhabi National Oil Company
    ConocoPhillips
    BP
    Suncor Energy
    Kuwait Petroleum Corporation
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Heavy Crude Oils product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Heavy Crude Oils, with price, sales quantity, revenue, and global market share of Heavy Crude Oils from 2019 to 2024.
    Chapter 3, the Heavy Crude Oils competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Heavy Crude Oils breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Heavy Crude Oils market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Heavy Crude Oils.
    Chapter 14 and 15, to describe Heavy Crude Oils sales channel, distributors, customers, research findings and conclusion.

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